Trade Openness and Culture
AbstractThis paper empirically analyzes the effect of trade openness on culture, measured by indicators of trust, respect for others, perceived level of self-determination, and level of obedience. These cultural categories play a central role in encouraging or limiting economic and social interactions and therefore impact economic outcomes. We find that trade openness has a positive and highly significant impact on culture. The more open a country is to trade, the more likely it is to possess culture conducive to increased social and economic interactions. This result is robust to the inclusion of a variety of control variables, different model specifications, and alternative trade measures.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Department of Economics, West Virginia University in its series Working Papers with number 09-05.
Length: 54 pages
Date of creation: 2009
Date of revision:
culture; informal institutions; trade openness;
Find related papers by JEL classification:
- F15 - International Economics - - Trade - - - Economic Integration
- O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
- P50 - Economic Systems - - Comparative Economic Systems - - - General
- Z1 - Other Special Topics - - Cultural Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-12-19 (All new papers)
- NEP-CUL-2009-12-19 (Cultural Economics)
- NEP-SOC-2009-12-19 (Social Norms & Social Capital)
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Dutta, Nabamita & Mukherjee, Deepraj, 2011.
"Is culture a determinant of financial development?,"
35867, University Library of Munich, Germany.
- Nabamita Dutta & Deepraj Mukherjee, 2012. "Is culture a determinant of financial development?," Applied Economics Letters, Taylor & Francis Journals, vol. 19(6), pages 585-590, April.
- Nabamita Dutta & Sanjukta Roy, 2013. "The changing face of culture: gauging the impact of a free media," European Journal of Law and Economics, Springer, vol. 36(1), pages 95-115, August.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Eran Guse) The email address of this maintainer does not seem to be valid anymore. Please ask Eran Guse to update the entry or send us the correct address.
If references are entirely missing, you can add them using this form.